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Speaker Martin Romualdez said the P5.268-trillion 2023 national budget, signed by President Ferdinand Marcos Jr., will help the administration implement its Agenda for Prosperity to sustain growth, generate economic activities and jobs, and increase the income for Filipinos. “It is the most important and potent tool the President, his economic team and the entire government […]
Speaker Martin Romualdez proposed the creation of a sovereign wealth fund (SWF) to maximize the profitability of investible government assets for the benefit of all Filipinos. The proposal is contained in House Bill (HB) No. 6398 that seeks the establishment of the Maharlika Wealth Fund, which would draw resources primarily from contributions from the Government […]
Senate President Migz Zubiri and House Speaker Ferdinand Martin Romualdez led the ceremonial signing of the first two enrolled bills of the 19th Congress, namely the SIM Registration Act (Senate Bill No. 1310/House Bill No. 14) and the Barangay and Sangguniang Kabataan Elections Postponement Act (Senate Bill No. 1306/House Bill No. 4673). “Matagal na nating […]
The House of Representatives adopted a resolution expressing its condolences to the family of Asia’s sprint Queen Lydia De Vega-Mercado. During the plenary session, the chamber adopted House Resolution 231, which also paid homage to De Vega-Mercado’s contributions to the country as a world-class athlete. The resolution is principally authored by Speaker Martin Romualdez, Majority […]
The House of Representatives convened for the opening of the First Regular Session of the 19th Congress and elected Leyte 1st District Representative Ferdinand Martin Gomez Romualdez as the new House Speaker. With no other candidates, the House voted 283 affirmative votes, one negative vote, and four abstentions in the election of Romualdez. The veteran legislator’s […]